Musings on Markets

AUGUST 15, 2023

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions.

Investments 80

Investments Currencies Treasury Hurdle Rate 80

Musings on Markets

JANUARY 9, 2021

That said, it does mean that any broad conclusions (about profitability and revenues) that emerge from my data apply to public companies, and it may be dangerous to extrapolate to private businesses, especially in a year like 2020 where private businesses could have been affected more adversely by COVID shutdowns than public companies.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Barry Ritholtz

JUNE 13, 2023

RITHOLTZ: So a lot of companies that go public then have a valuable currency they can use for acquisitions. During COVID, rather than just a monetary response, we saw a massive fiscal response, which seemed to have really helped across the entire economic strata, especially the middle class. How did that play into the thinking?

Investments 56

Investments Banking Entertainment Valuation 56